May 25, 2017  Trade Alert - Wiley Wolf  Portfolio

We have become negative net delta:

BTC 4 FB 26May17 148 calls (FB170526C148)

STO 4 FB 02Jun17 152.5 calls (FB170602C152.5) for a debit of $2.77  (selling a diagonal)

BTC 5 FB 26May17 149 calls (FB170526C149)

STO 5 FB 02Jun17 152.5 calls (FB170602C152.5) for a debit of $1.80  (selling a diagonal)

BTO 3 FB 18Aug17 155 calls (FB170818C155)

STC 3 FB 18Aug17 145 calls (FB170818C145) for a credit of $5.64  (selling a vertical)

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

Terry